Covestro LLC president to co-lead Sustainable Pittsburgh’s ‘CEOs for Sustainability’ initiative

CEOs for Sustainability
Jerry MacCleary, president of Covestro LLC, is co-chair of the “CEOs for Sustainability” initiative, which aims to promote the sharing of best practices in sustainable business throughout the Pittsburgh region.

Pittsburgh, June 20, 2017 — Jerry MacCleary, president of Covestro LLC, has been named co-chair and Covestro a founding partner of “CEOs for Sustainability,” an initiative of Sustainable Pittsburgh aimed at helping companies throughout Southwest Pennsylvania improve their sustainable business performance and understand the link between it, their financial performance and regional quality of life.

Covestro is helping lead the way as a company that has put sustainability at the center of its business and innovation strategy.

By subscribing to the triple bottom line of people, planet and profit (3Ps), Covestro uses a balanced approach to develop products and processes that improve people’s lives, help conserve the planet and move the company’s business forward. Covestro is at the forefront of companies who are basing their sustainable growth on the 17 United Nations Sustainable Development Goals. For example, it has committed to tie 85 percent of all its R&D to one or more of the goals by 2025.

MacCleary’s co-chair is Ronald Gdovic, CEO of WindStax Energy. Under their leadership, CEOs for Sustainability will provide a forum for chief executives of the region’s leading companies to share best practices in sustainable business and collaborate to grow the ranks of companies committed to the 3Ps. The group is working to increase the number of businesses that practice, measure and publicly report their sustainable business performance.

“It’s an honor and a privilege to serve as co-chair of CEOs for Sustainability,” said MacCleary. “For Covestro, sustainability is an imperative that is driving the most important aspects of our business today – everything from product and process development to value creation and talent management to purpose-driven social responsibility.

“We want every company in the region involved. All companies, big and small, have the opportunity to contribute to sustainability in new, innovative and responsible ways.” To demonstrate their commitment and inspire other companies in the region, 100 percent of the founding companies of “CEOs for Sustainability” have completed the Southwestern Pennsylvania Sustainable Business Compact On Ramp, a tool to help them assess performance and commit to progress.

“Today, the advanced c-suite knows stakeholders across the board – investors, customers and employees, to name a few – are demanding companies take responsibility and implement sustainable business practices that simultaneously benefit society, the environment and the economy,” said Court Gould, executive director of Sustainable Pittsburgh.

About Covestro LLC:

Covestro LLC is one of the leading producers of high-performance polymers in North America and is part of the global Covestro business, which is among the world’s largest polymer companies with 2016 sales of EUR 11.9 billion. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, and electrical and electronics industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. Covestro has 30 production sites worldwide and employs approximately 15,600 people at the end of 2016.

Find more information at www.covestro.com.

About Sustainable Pittsburgh and CEOs for Sustainability:

CEOs for Sustainability is exemplary executive leadership and collaboration to drive positive change in the region. By demonstrating responsibility and creativity in the use of precious resources (human, natural, energy, capital and materials), we ensure enduring economic and social prosperity for our businesses and for our regional community.

Find more information at www.CEOsforSustainability.org.

Sustainable Pittsburgh affects decision-making in the Pittsburgh region to integrate economic prosperity, social equity and environmental quality as the enduring accountability, bringing sustainable solutions for communities and businesses. More information at: www.sustainablepittsburgh.org.

Covestro Contact:

Alice Sox, Phone: +1 412 413 5430
Alice.Sox@covestro.com

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This press release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available on the Covestro website at www.covestro.com. Covestro assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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